From queues to QR codes: How UPI transformed India’s digital payments, now driving 49% of global real-time transactions
India's financial landscape has been revolutionized by UPI, the nation's digital payments centerpiece. Launched in 2016, it has become the world's largest real-time payment system by volume, processing billions of transactions monthly. UPI has significantly expanded financial inclusion, bringing millions into the digital economy and setting a global benchmark for inclusive financial innovation.
